Analysts Set Healthcare Realty Trust Incorporated (NYSE:HR) Target Price at $18.88

Healthcare Realty Trust Incorporated (NYSE:HR) has earned an average recommendation of “Hold” from the ten analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $18.8750.

Several brokerages have recently weighed in on HR. Cantor Fitzgerald upped their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Monday, December 29th. Wells Fargo & Company lifted their target price on Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Citigroup raised their price objective on Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Wiser Advisor Group LLC acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at about $25,000. Smartleaf Asset Management LLC grew its stake in Healthcare Realty Trust by 179.7% in the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,033 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Healthcare Realty Trust in the third quarter valued at about $32,000. Eurizon Capital SGR S.p.A. acquired a new stake in Healthcare Realty Trust during the fourth quarter valued at approximately $37,000. Finally, Prosperity Bancshares Inc acquired a new stake in Healthcare Realty Trust during the fourth quarter valued at approximately $42,000.

Healthcare Realty Trust Stock Performance

HR stock opened at $18.58 on Friday. Healthcare Realty Trust has a 1 year low of $14.09 and a 1 year high of $18.97. The firm has a market cap of $6.48 billion, a P/E ratio of -26.17 and a beta of 0.96. The stock has a 50-day simple moving average of $17.34 and a 200-day simple moving average of $17.63.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.36). Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The company had revenue of $282.69 million for the quarter, compared to analyst estimates of $284.37 million. During the same period last year, the firm posted $0.40 earnings per share. The business’s revenue was down 7.6% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, equities research analysts predict that Healthcare Realty Trust will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Tuesday, February 24th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, February 24th. Healthcare Realty Trust’s payout ratio is -135.21%.

About Healthcare Realty Trust

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.